RDF redflex holdings limited
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I agree great company but this has run WAY ahead of itself !!!...

  1. wigram
    175 Posts.
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    30/03/04
    18:53
    Post #: 426479
    I agree great company but this has run WAY ahead of itself !!! Market Cap of $150m and forecast profit for 2004 of just $3m expected !!! PE of 50 is way too high even for a company of this quality with some great contracts - Bet they raise more capital at these prices - day traders have over bought. I 'll buy at sub $1.30 in 6 months time!
    RDF Price at posting: 0.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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